Gold prices are in a declining mode after the bounce off the nine-month high of 1,914. The price fell beneath the 20-period simple moving average (SMA) with the technical indicators suggesting a bearish correction. The RSI is holding below a descending line in the positive region, while the MACD oscillator is losing momentum below its […]
The post Gold Eases Below 20-Period SMA, Creating Bearish Correction appeared first on Action Forex.
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